Fastenal Dividend
Dividend criteria checks 5/6
Fastenal is a dividend paying company with a current yield of 2.28% that is well covered by earnings.
Key information
2.3%
Dividend yield
71%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €2.02 |
Dividend yield forecast in 3Y | 2.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FAST's dividends per share have been stable in the past 10 years.
Growing Dividend: FAST's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Fastenal Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (FAST) | 2.3% |
Market Bottom 25% (AT) | 1.9% |
Market Top 25% (AT) | 5.9% |
Industry Average (Trade Distributors) | 2.1% |
Analyst forecast in 3 Years (FAST) | 2.6% |
Notable Dividend: FAST's dividend (2.28%) is higher than the bottom 25% of dividend payers in the Austrian market (1.9%).
High Dividend: FAST's dividend (2.28%) is low compared to the top 25% of dividend payers in the Austrian market (5.87%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.1%), FAST's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (75.1%), FAST's dividend payments are covered by cash flows.